National Business

HALIFAX — Nova Scotia's municipalities have published a report outlining their "dire financial straits," saying without assistance from the province or Ottawa, tax rates will be going up sharply.

FRANKFURT — The European Central Bank has handed out 1.31 trillion euros ($1.

DETROIT — Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly.

OTTAWA — Wholesale sales in Canada fell by a record 21.6 per cent to $49.8 billion in April, led by a plunge in the motor vehicle and motor vehicle parts and accessories subsector due to the pandemic.

TORONTO — COVID-19's devastating impact on seniors in the months since the virus became a global menace has many Canadians wondering what can be done to protect their aging loved ones.

OTTAWA — Export Development Canada is forecasting that exports this year will fall 20.3 per cent due to the COVID-19 pandemic.

RIO RANCHO, N.M. — Clergy and religious leaders are preparing to hold a virtual march Saturday to highlight the plight of Americans struggling with poverty — people like Madelyn “Maddie” Brace and her boyfriend, Luciano Benavidez.

PHOENIX — When the coronavirus flared in China's capital this week, Beijing cancelled flights, suspended reopenings and described the situation as “extremely grave.” But with cases rising in some U.S.

LONDON, Ont. — Live theatre at southern Ontario's Grand Theatre will not return until fall 2021. The London, Ont.

OTTAWA — Hexo Corp. says it has sold its facility in Niagara Falls, Ont., for $10.25 million to an undisclosed buyer. The cannabis company announced in March plans to list the facility after reviewing its cultivation assets.